Kevin Blinco Sells 60,000 Shares of Technology One Limited (ASX:TNE) Stock
Technology One Limited (ASX:TNE) insider Kevin Blinco sold 60,000 shares of the stock in a transaction that occurred on Thursday, July 4th. The shares were sold at an average price of A$8.08 ($5.73), for a total value of A$485,040.00 ($344,000.00).
ASX:TNE opened at A$8.10 ($5.74) on Friday. The stock has a market capitalization of $2.57 billion and a price-to-earnings ratio of 42.19. Technology One Limited has a fifty-two week low of A$4.26 ($3.02) and a fifty-two week high of A$9.40 ($6.66). The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.71 and a current ratio of 0.78. The company’s 50 day moving average is A$7.66.
The business also recently disclosed a Interim dividend, which was paid on Friday, June 14th. Stockholders of record on Friday, June 14th were paid a dividend of $0.032 per share. This represents a dividend yield of 0.41%. The ex-dividend date was Thursday, May 30th. Technology One’s dividend payout ratio (DPR) is presently 31.25%.
Technology One Limited researches, develops, markets, sells, implements, and supports integrated enterprise business software solutions in Australia, New Zealand, and internationally. It operates through Sales and Marketing, Consulting, Research & Development, and Cloud segments. The company offers various business solutions, including enterprise asset management, financials, human resource and payroll, enterprise budgeting, supply chain, property and rating, student management, business intelligence, enterprise content management, performance planning, spatial, enterprise cash receipting, stakeholder management, and business process management.
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